Germany Winter Tire Market Report 2015-2019


Dublin, April 30, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/lblq2b/winter_tire) has announced the addition of the "Winter Tire Market in Germany 2015-2019" report to their offering.

About Winter Tires

Winter tires, also referred to as snow tires, cold weather tires, and thermal tires, improve the road safety for vehicles during winter, and thus play an important role in reducing road accidents. These tires are made of soft rubber compared to the all-season or summer tires, which help achieve better grip during winters. Furthermore, the newer generation of winter tires is designed with a more flexible rubber compound that is less prone to stiffening in colder temperatures. Its tread is designed to provide improved traction on wet, slushy, snowy, icy, and dry cold surfaces. Winter tires are fitted in sets of four, because fitting only a pair affects the balance and stability of the automobile. Winter tires are of three types: performance, studded, and non-studded.

The winter tire market in Germany is expected to witness the emergence of high-performance winter tires in the coming years. For instance, many tire manufacturers have introduced new eco-friendly winter performance tires for the German market. The market is also expected to witness more innovations in the coming years.

According to the report, an increase in the number of on-road automobiles directly influences the demand for winter tires. This demand, especially for passenger vehicles, is continuously increasing across Germany and is driving the demand for winter tires.

Further, the report states that absence of a uniform regulation across Europe limits the scope of winter tires growth at national level.

The market includes the following segments:

  • Passenger Car Winter Tires: includes passenger car and utility vehicle tires
  • LCV Winter Tires
  • Truck Winter Tires
  • Bus Winter Tires

Prominent Vendors

  • Apollo Vredestein B.V.
  • Bridgestone Corp.
  • BRISA Bridgestone Sabanci Tire Manufacturing and Trading Inc.
  • Continental AG
  • Cooper Tire & Rubber Co.
  • Debica S.A.
  • Deldo Autobanden N.V.
  • Falken Tyre Europe GmbH
  • Giti Tires Pte. Ltd.
  • Goodyear Dunlop Tyres Europe
  • Goodyear Dunlop Tyres UK
  • Hwa Fong Rubber Industries Co. Ltd.
  • Kumho Tire Co. Inc.
  • Maxxis International GmbH
  • Michilin Corp.
  • Nankang Rubber Tire Corp. Ltd.
  • Nexen Tire Corp.
  • Nokian Tyres Inc.
  • Pirelli Tyre SpA
  • ROSAVA Tires
  • Sailun Group
  • Sumitomo Rubber Industries Ltd.
  • Toyo Tire & Rubber Co. Ltd.
  • Triangle Group
  • Vee Rubber Group
  • Yokohama Rubber Co. Ltd.

For more information visit http://www.researchandmarkets.com/research/lblq2b/winter_tire




            

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